Living within means comes naturally to a Smallholder Farmer (SHF) in India. It is estimated that almost 70% of Indian farmers are SHFs. It is also true that Small Scale Enterprises (SSEs) account for the bulk of industrial production in the country.
In the first part of this two-part series, we covered how enhanced cost efficiencies and farm productivity can boost the agricultural sector’s contribution to India becoming a $5 trillion economy by 2025.
Agriculture is one of the most important drivers of the Indian economy. As per the World Bank’s ‘World Development Indicators’ survey released in Dec 2019, the agriculture sector employs around 43% of India’s population and as per the ‘Economic Survey 2019-20’ presented by the Hon. Finance Minister, Ms. Nirmala Sitharaman in Jan 2020, agriculture contributes 16.5% to the country’s Gross Value Added (GVA).
There is no denying the fact that plastic has become an increasingly unmanageable menace that is literally choking our planet. While governments across the globe, including the Union Govt. of India, are striving hard to introduce a slew of policy measures to contain this menace, getting rid of the ubiquitous plastic is easier said than done.